Median Household Income Level 8.9 Percent Below 1999 Level

It''s not pretty out there.

According to just released Census Bureau data, median household income, adjusted for inflation, was $50,054 last year, a decrease of 1.5 percent from 2010.

In 2011, real median household income was 8.1 percent lower than in 2007, the year before the most recent recession, and was 8.9 percent lower than the median household income peak that occurred in 1999